Photo: Flickr via Kheel centre, Cornell University
Producer prices rose +0.7 per cent. Core prices gained +0.2 per cent.
That’s basically in line with expectations. Non-core was expected at +0.6 per cent, core at +0.2 per cent.
Both came in at +0.2 per cent last month.
On an unadjusted basis, the finished goods index moved up 1.7 per cent YOY, the largest 12-month increase since a 2.3-per cent rise in October 2012.
The index for intermediate materials, supplies, and components moved up 1.3 per cent in February, the largest increase since a 1.4-per cent jump in April 2011.
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